Discovery
vs
SA Retail Bonds
Interest rates compared
Introduction
This fixed deposit comparison page compares Discovery interest rates to SA Retail Bonds interest rates. All the interest rates shown are sourced from the Discovery and SA Retail Bonds websites, respectively. All rates shown on this page have been converted to nominal rates! This allows for a fair comparison. Rates last updated 4th July 2025.
How do Discovery fixed deposit interest rates compare to SA Retail Bonds ?
You are more likely to find better interest rates at SA Retail Bonds than Discovery. Specifically, 0 out of 100 interest rates are better at Discovery than SA Retail Bonds. This means you are more likely to find a better interest rate at SA Retail Bonds 100% of the time. (PS this was done by comparing all the interest rates on offer for different terms, investment amounts and age groups. Only terms which are offered by both banks are included in the comparison)
The best interest rate you can get at Discovery is 8.35% for the 60-month fixed deposit. You will need a minimum deposit of R10,000 . Whilst at SA Retail Bonds, the best interest rate you can get is 10% for the 60-month fixed deposit. You will need a minimum deposit of R1,000 .
But how do interest rates at Discovery compare to SA Retail Bonds across different terms and investment amounts?
2 year fixed deposit interest rates compared
This table shows Discovery's and SA Retail Bonds's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 2 year fixed deposit.
| Investment amount | Discovery1 | SA Retail Bonds1 | Winner 2 |
|---|---|---|---|
| R10,000 for 18+ | 7.70% | 8.50% | - -152 |
| R10,000 for 55+ | 7.70% | 8.50% | - -152 |
| R100,000 for 18+ | 7.70% | 8.50% | - -1,517 |
| R100,000 for 55+ | 7.70% | 8.50% | - -1,517 |
| R250,000 for 18+ | 7.70% | 8.50% | - -3,792 |
| R250,000 for 55+ | 7.70% | 8.50% | - -3,792 |
| R1,000,000 for 18+ | 7.70% | 8.50% | - -15,166 |
| R1,000,000 for 55+ | 7.70% | 8.50% | - -15,166 |
- 1 nominal interest rate
- 2 the amount of interest you will be able earn at Discovery over and above SA Retail Bonds.
A negative amount means that SA Retail Bonds offers more than Discovery.
You get a 7.7% interest rate at Discovery for a R1,000,000 investment in a 2 year fixed deposit (if you are older than 55). SA Retail Bonds's interest rate for the same terms is 8.50%. Over 2 years you will earn R15,166 less in interest at Discovery compared SA Retail Bonds.
3 year fixed deposit interest rates compared
This table shows Discovery's and SA Retail Bonds's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 3 year fixed deposit.
| Investment amount | Discovery1 | SA Retail Bonds1 | Winner 2 |
|---|---|---|---|
| R10,000 for 18+ | 7.85% | 8.75% | - -283 |
| R10,000 for 55+ | 7.85% | 8.75% | - -283 |
| R100,000 for 18+ | 7.85% | 8.75% | - -2,827 |
| R100,000 for 55+ | 7.85% | 8.75% | - -2,827 |
| R250,000 for 18+ | 7.85% | 8.75% | - -7,069 |
| R250,000 for 55+ | 7.85% | 8.75% | - -7,069 |
| R1,000,000 for 18+ | 7.85% | 8.75% | - -28,274 |
| R1,000,000 for 55+ | 7.85% | 8.75% | - -28,274 |
- 1 nominal interest rate
- 2 the amount of interest you will be able earn at Discovery over and above SA Retail Bonds.
A negative amount means that SA Retail Bonds offers more than Discovery.
You get a 7.85% interest rate at Discovery for a R1,000,000 investment in a 3 year fixed deposit (if you are older than 55). SA Retail Bonds's interest rate for the same terms is 8.75%. Over 3 years you will earn R28,274 less in interest at Discovery compared SA Retail Bonds.
5 year fixed deposit interest rates compared
This table shows Discovery's and SA Retail Bonds's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 5 year fixed deposit.
| Investment amount | Discovery1 | SA Retail Bonds1 | Winner 2 |
|---|---|---|---|
| R10,000 for 18+ | 8.35% | 10.00% | - -1,127 |
| R10,000 for 55+ | 8.35% | 10.00% | - -1,127 |
| R100,000 for 18+ | 8.35% | 10.00% | - -11,272 |
| R100,000 for 55+ | 8.35% | 10.00% | - -11,272 |
| R250,000 for 18+ | 8.35% | 10.00% | - -28,181 |
| R250,000 for 55+ | 8.35% | 10.00% | - -28,181 |
| R1,000,000 for 18+ | 8.35% | 10.00% | - -112,724 |
| R1,000,000 for 55+ | 8.35% | 10.00% | - -112,724 |
- 1 nominal interest rate
- 2 the amount of interest you will be able earn at Discovery over and above SA Retail Bonds.
A negative amount means that SA Retail Bonds offers more than Discovery.
You get a 8.35% interest rate at Discovery for a R1,000,000 investment in a 5 year fixed deposit (if you are older than 55). SA Retail Bonds's interest rate for the same terms is 10.00%. Over 5 years you will earn R112,724 less in interest at Discovery compared SA Retail Bonds.
- Discovery vs Absa interest rates compared
- Discovery vs Access Bank Plc interest rates compared
- Discovery vs African Bank interest rates compared
- Discovery vs Bidvest interest rates compared
- Discovery vs Capitec interest rates compared
- Discovery vs FNB interest rates compared
- Discovery vs Fedgroup interest rates compared
- Discovery vs Investec interest rates compared
- Discovery vs Nedbank interest rates compared
- Discovery vs SA Retail Bonds interest rates compared
- Discovery vs Sasfin interest rates compared
- Discovery vs Standard Bank interest rates compared
- Discovery vs TymeBank interest rates compared